Phoenix Luxury Home Market Quarterly Update

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LUXURYHOMEQUARTERLY APRIL 2013

LUXURYHOMEQUARTERLY

Dorette OppongTakyi is a Luxury Home Specialist in Phoenix AZ, USA A member of the Institute for Luxury Home Marketing

Luxury Market Quarterly Update Phoenix, Arizona - First Qtr 2013 The Phoenix Luxury Home Market showed a more positive sign than it did the same time last year. This past quarter, there were 2,678 new luxury homes and condos priced $500,000 or more that were put on the market for sale. This was about a 30% increase from only 2,045 luxury properties that came up for sale, same time last year. 3510 luxury homes were on the market for sale during the 1st Qtr of 2013. Most were priced less than $1,000,000 with 1552 of the luxury homes and condos priced higher than $1,000,000.

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Number of New Luxury Homes listed for sale Q1 2013

Price Range

# listed

$1,000,000 to $1,499,999

554

$1,500,000 to $1,999,999

483

$2,000,000 to $2,999,999

272

$3,000,000 to $3,999,999

118

$4,000,000 to $4,999,999

46

$5,000,000 plus

79


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Phoenix Luxury Home Market Quarterly Update by Dorette Oppong-Takyi - Issuu